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Texas bill seeks more commercial-to-residential conversions to boost housing supply

Housing Wire

As the housing crisis manifests in different ways across various states, lawmakers in Texas recently approved a bill that would allow for more conversions of commercial buildings into residential units to bolster housing supply and reduce costs. The Texas House of Representatives gave its approval to S.B

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Rocket makes a Super Bowl commercial comeback

Housing Wire

I cant share the exact cost, but as you can imagine, a Super Bowl commercial especially one thats never been done before is a significant investment. For the last few years, the Detroit-based financial services company has sat on the bench when it comes to advertising during the big game.

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Washington state lawmakers working on commercial-to-residential conversion bill

Housing Wire

The House of Representatives in the state of Washington last week approved a bill that seeks to expedite the process of converting commercial buildings into residential complexes. Those rules only applied to conversions in commercial and mixed-use zones. The measure passed overwhelmingly in a vote of 95-2. HB 1757 is sponsored by Rep.

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Major title insurers post strong Q1 earnings, fueled by commercial real estate deals

Housing Wire

A surge in commercial real estate transactions helped drive solid first-quarter 2025 earnings for the countrys largest title insurers. First American Financial , Fidelity National Financial , Old Republic International and Stewart Information Services all reported year-over-year gains in commercial title revenue. a year ago.

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Here’s how one CRE veteran helps multifamily investors thrive

Housing Wire

Volatility is becoming the new norm in today’s commercial real estate market. Meet Danny van der Reis , a commercial real estate (CRE) finance veteran and executive vice president of servicing and asset management at Arbor Realty Trust. HW: You’ve had a long career in commercial real estate finance.

Investor 441
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Wells Fargo sells most of its commercial mortgage servicing to Trimont

Housing Wire

Wells Fargo has agreed to sell most of its commercial mortgage servicing portfolio to Atlanta-based Trimont. The deal is expected to make Trimont the largest servicer of multifamily and commercial loans in the U.S. The transaction includes only Wells Fargo’s non-agency, third-party commercial mortgage servicing (CMS) business.

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MBA promotes Jamie Woodwell to lead its commercial, multifamily public policy efforts

Housing Wire

The Mortgage Bankers Association (MBA) on Monday appointed Jamie Woodwell as its senior vice president of commercial/multifamily policy and strategic industry engagement. MBA leadership praised Woodwell for his market expertise and detailed economic insights in the commercial and multifamily real estate sectors.